On the Record · Marathon Oil

Marathon Oil acquisitions, on the record

The businesses Marathon Oil bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
approximately 18,000 net acres in the Eagle Ford from Rocky Creek Resources, LLC and RCR Midstream, LLC Word for word“During the fourth quarter of 2019, we acquired a 100 % working interest in approximately 18,000 net acres in the Eagle Ford from Rocky Creek Resources, LLC and RCR Midstream, LLC for $ 191 million in cash, subject to post-closing adjustments.” 10-K for 2021	acquisition	fourth quarter of 2019	$ 191 million in cash
U.K. business (Marathon Oil U.K. LLC and Marathon Oil West of Shetlands Limited) Word for word“On July 1, 2019, we closed on the sale of our U.K. business (Marathon Oil U.K. LLC and Marathon Oil West of Shetlands Limited) for proceeds of $ 95 million, which includes the assumption by RockRose Energy PLC (“RoseRock”) of the U.K. business’ cash equivalents, working capital and asset retirement obligation balances.” 10-K for 2021	divestiture	July 1, 2019	$ 95 million
15% non-operated interest in the Atrush block in Kurdistan Word for word“In the second quarter of 2019, we closed on the sale of our 15 % non-operated interest in the Atrush block in Kurdistan for proceeds of $ 63 million, before closing adjustments.” 10-K for 2021	divestiture	second quarter of 2019	$ 63 million, before closing adjustments
Ensign Natural Resources (Eagle Ford assets) Word for word“The transaction was closed on December 27, 2022, for cash consideration of $3.0 billion, which was subject to customary closing adjustments.” 10-K for 2022	acquisition	December 27, 2022	$3.0 billion
Eagle Ford operated acreage (increased ownership interest) Word for word“In addition, during the fourth quarter of 2022, we increased our ownership interest in operated Eagle Ford resource play acreage for cash consideration of approximately $ 135 million.” 10-K for 2022	acquisition	during the fourth quarter of 2022	approximately $ 135 million
Ensign Word for word“On November 2, 2022, we executed a definitive purchase agreement to acquire the assets and certain related liabilities of Ensign in the Eagle Ford resource play in Texas and the transaction was closed on December 27, 2022 (“the closing date”) for cash consideration of $ 3.0 billion, which was subject to customary closing adjustments.” 10-K for 2023	acquisition	December 27, 2022	$ 3.0 billion

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2016-12-31	$902 million
2017-12-31	$1.89 billion
2018-12-31	$25 million
2019-12-31	$293 million
2020-12-31	$1 million
2021-12-31	$47 million
2022-12-31	$3.18 billion
2023-12-31	$12 million

Deal filings since 2016

2024-11-22 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-10-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-11-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-03-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Marathon Oil’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-22. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.